No Netflix Tax: another government decision without an understanding of the costs!

The Coalition for Culture and Media considers it inconceivable that the Trudeau government – who has been repeating for months that it will not tax Netflix – continues to ignore the amount in lost revenue by not taxing electronic trade.

The Coalition was surprised to learn in La Presse that the government is still not in possession of the financial data calculating the revenue lost annually lost by its decision not to tax products like Netflix or e-commerce platforms such as Amazon. This, despite financial advisor Marwah Rizqy calculating this loss at nearly 40 million dollars per year for Netflix alone, just for the federal government. These colossal sums of money, when combined with the amounts the provinces could collect, would allow to support multiple cultural productions, or even finance social programs.